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These are the most and least expensive states for Medigap coverage

Knowing which states pay more for Medigap coverage and which pay less could help you decide where you want to spend your golden years.

Top 10 States with the Largest Medigap Plan Costs

1. Massachusetts: $1,947

2. Nevada: $1,904

3. Louisiana: $1,897

4. New Jersey: $1,892

5. Maryland: $1,865

6. Connecticut: $1,861

7. Texas: $1,860

8. Alaska: $1,851

9. Florida: $1,831

10. California: $1,817

Our map contains both good and bad news for retirees. The bad news is that many states require Medigap plans costing more than $150/month. In fact, the most expensive state is Massachusetts, where it will cost $162.25 each month. That’s a decent chunk of change. Even worse news is that the state most closely associated with retirement—Florida—isn’t much better off. The Sunshine State requires an extra $152.58 each month. That’s a lot for people on a fixed income.

The good news is that there are several states with much smaller Medigap amounts, many of which are located in favorable climates. Take a look at New Mexico ($122.00/month), Georgia ($131.58/month) and North Carolina ($131.16/month). And let’s not forget the cheapest state in the Union for Medigap coverage: Hawaii, where it costs only $109.16 on average. That’s another great reason to move to the Aloha State.

By Clark Howard Staff | July 31, 2018 12:38 pm

Howmuch.net recently took a look at the cost of Medigap plans in all 50 states and found a few surprises. For example, Florida may have a reputation as a retirement haven, but Medigap plans cost an average of $1,831 annually in the Sunshine State. That places it among the Top 10 most expensive states for Medigap coverage.

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